VRL 3.29% $2.06 village roadshow limited

News: VRL Village Roadshow Signed Agreement To Sell Wholly Owned Wet'n'wild Water Park, page-19

  1. 50 Posts.
    lightbulb Created with Sketch. 5
    Generating cash by selling assets & CR to pay down debt isnt a great sign.

    As per the Investor presentation, EBITDA form theme parks is suffering, whilst the cinema segment does well. They correctly point out the dreamworld tragedy has a big impact on lower earnings from theme park segment. Thats almost 2 years ago now, how much longer can that be an excuse for poor segment performance?

    Also, I wish they would stop trying to sell investors on the concept of forthcoming films. There is a new Avengers movie every year. There is always going to be a stream of blockbusters. They are an expectation, not a catalyst for future earning potential.
 
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